GTAP Resources: Resource Display
| GTAP Resource #7263 |
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"Incorporating Hydrogen as an Energy Source: An extension of GDyn-E model" by Itakura, Ken Abstract This study incorporates hydrogen as a new energy subproduct in the GTAP-E and GDyn-E model (Burniaux and Truong, 2002; McDougall and Golub, 2007; Golub, 2013) to explore experimental scenarios of net zero emission by 2050. Data on international trade and production of hydrogen are collected from the U.N. COMTRADE, Pacific North- west National Laboratory, and IEA-ETSAP. With these data, we apply MSplitCom (Horridge, 2008) to the chemical sector in GTAP database version 10 (Aguiar et al., 2019), supplemented with the 2015 input-output table of Japan. We conduct experimental simulations with the GTAP-E model by eliminating CO2 emission in Japan. Tentatively, comparative static simulation results indicate that, given the small volume of international trade and production in the benchmark year of 2014, the hydrogen’s role in emission abatement is limited to a moderate extent. Net zero emission scenarios toward 2050 are constructed with the GDyn-E model, drawing multi-year production targets of hydrogen with price supports as well as trade arrangements between countries with carbon pricing and emission trading. |
| Resource Details (Export Citation) | GTAP Keywords | ||||||||||||||||
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- Climate change policy - GTAP Data Base and extensions - Baseline development - Model extension/development - Asia (East) |
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Last Modified: 9/15/2023 2:05:45 PM
